MarketsFarm — Top-end yellow and green pea bids in Western Canada have come down over the past month, as old-crop activity slows down and attention turns to the new crop. While tight supplies after the 2021 drought did not leave too many unpriced peas in the countryside, some farmers likely still waited too late and […] Read more

Pulse weekly outlook: Pea bids slip as new crop looms

Pulse weekly outlook: Peas, lentils faring well but threats remain
MarketsFarm — Growing conditions for peas and lentils in Saskatchewan during the spring can be described as variable. While western parts of the province continued to endure dry conditions carried over from last year’s drought, regions in the east were drenched with near-continuous rainfall to go along with below-normal temperatures. Lionel Ector, president of Diefenbaker […] Read more

Pulse weekly outlook: Late Prairie seeding may sway acres out of peas
MarketsFarm — Excessive moisture in the eastern Canadian Prairies this spring may cut into pea acres in the region, as producers like to get the crop in the ground early. Canadian farmers intended to plant 3.55 million acres of peas for the 2022-23 crop year, according to a report from Statistics Canada. That would be […] Read more

Pulse weekly outlook: No worries about delayed planting in Manitoba
'Farmers can get stuff in pretty quick'
MarketsFarm — Despite an influx of snow across southern Manitoba, with more precipitation in the forecast for this week, a provincial pulse specialist isn’t too concerned about the potential for late planting of pulse crops. “The moisture is welcome, but it’s not the weather we would like to see at this time of the year. […] Read more

Pulse weekly outlook: Four factors to consider before going with peas
MarketsFarm — There are four factors to consider before deciding whether to plant dry peas this spring, according to Darryl Domitruk, executive director of Manitoba Pulse and Soybean Growers at Carman, Man. The first is field selection, as peas need to be planted with less residuals such as nitrates, Domitruk said. “Pulses manufacture their own […] Read more

Pulse weekly outlook: Slow demand pulls down pea prices
MarketsFarm — Slow demand has been behind the declines in green and yellow peas, according to Marcos Mosnaim of Mercais Commodities in Toronto. Over the last week, prices for western Canadian green peas have lost 30 cents per bushel at $14.50-$16.20 per bushel delivered, according to Prairie Ag Hotwire. Those for yellow peas have dropped […] Read more

Pulse weekly outlook: Feed peas in short supply
Some feeders substituting soymeal
MarketsFarm — Hot and dry growing conditions cut into Canada’s pea production in 2021-22 — but the quality was relatively good, which means feed peas are in even shorter supply. “Yields were low across the harvest this year, but I’d say quality was quite good on yellow and green peas,” said a feed pea merchant. […] Read more

Pulse weekly outlook: Yellow peas selling at a premium
Local fractionation markets competitive
MarketsFarm –– Last summer’s lacklustre pea harvest in Western Canada has helped raise prices, but none more so than those of yellow peas. Yellow peas were trading at a high-delivered bid of $17.50 per bushel, according to Prairie Ag Hotwire data from Monday, up $1.50 from the same time last month and $9.50 from the […] Read more

Pulse weekly outlook: Pea protein in demand despite falling yields
MarketsFarm — Very few crops took more of a hit during the drought-stricken summer of 2021 than dry peas. Meanwhile, firm international demand and tightening stocks will raise pea prices even higher. According to Agriculture and Agri-Food Canada’s (AAFC) latest field crop estimates released Friday, pea production dropped 45 per cent at 2.527 million tonnes […] Read more

Roquette warns of price rise in plant-based food market
Prairie drought could cut pea yields 45 per cent
Paris | Reuters — A global surge in pea prices linked to low supplies and growing demand for plant protein will inevitably need to be passed on to customers, including makers of alternative food such as meat-free burgers, French producer Roquette said on Monday. The market for alternative protein has soared in recent years, attracting […] Read more